Top Wealth Group announces 1-for-90 share consolidation

Top Wealth Group (TWG) announces the approval of the proposed 1-for-90 share consolidation of the Class A ordinary shares and Class B ordinary shares. Beginning with the opening of trading on July 21, being the market effective date, the Class A Ordinary Shares will being trading on a post-Share Consolidation basis on the Nasdaq Capital Market under the same symbol “TWG” but under a new CUSIP number of G8945S110. The objective of the Share Consolidation is to enable the company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on the Nasdaq Capital Market.